Pag-IBIG Fund Chairman’s Report 2021 cites SHDA members as top-performing real estate developers

Nine members of the Subdivision and Housing Developers Association, Inc. (SHDA), an alliance of private housing developers, were recently recognized as top-performing real estate developers in the Pag-IBIG Fund 2021 Chairman’s Report.

The Chairman’s Report is an annual event conducted by the Pag-IBIG Fund and the Department of Human Settlement and Urban Development (DHSUD) to highlight the accomplishments of Pag-IBIG Fund and its stakeholders, partner institutions, and developers who had excelled in their performance for housing loan deliveries and take out of accounts.

Included in the partner developers whom the Pag-IBIG Fund awarded as the top developers in terms of housing loan takeout-loan value for 2021 are SHDA members Raemullan Lands (Top 1), The New APEC Development Corporation (Top 2), 8990 Holdings (Top 3), Axeia and Basic Housing (Top 4), Hausland Group (Top 8), Lynville Land Development Corporation (Top 9) and Homemark (Top 10).

SHDA members also received several special awards, which include “most numbers of members served” for Raemullan Lands, “highest growth rate” for 8990 Holdings, “highest performing accounts ratio” for The New APEC Development Corporation, and “highest performing loans ratio” for Lynville Land Development Corporation. Charles Builders Group of Company also bagged a special award.

“As an alliance of more than 300 housing developers in the country, we are honored and grateful to HDMF and DHSUD for recognizing the achievements of some of our members which have delivered outstanding performance year after year. We are proud that 7 out of the Top 10 awardees this year are SHDA members. This performance shows our organization’s commitment to Pag-IBIG Fund’s pursuit of providing affordable home financing for Filipino families wanting to own a home. It also solidifies SHDA as a leading voice in promoting a more vibrant housing and real estate sector,” said SHDA President May Rodriguez.

According to Pag-IBIG Fund Chief Executive Officer Acmad Rizaldy Moti, these awards mark the success of the housing industry as a whole.

“We acknowledge the dynamic home builders whose contributions tremendously helped Pag-IBIG Fund achieve its mandate of addressing the housing needs of Filipinos and who had shown exemplary performance given the difficulties spawned by the pandemic. Through our members’ trust and the unwavering support of our partner-developers and industry partners, our home loan releases reached P100.8 billion in 2021 – the highest-ever in our history. We want to encourage our housing developers to continue building affordable communities and realize the Filipino dream of homeownership through these recognitions. As the economy continues to recover, we expect that this synergy with our stakeholders will further strengthen the housing industry, as we continue our shared pursuit of providing Filipino workers and their families a home they deserve and can call their own,” Moti shared.

Top 3 developer and highest growth rate awardee 8990 Holdings as well as the top 4 developers Axeia and Basic Housing, who have been members of SHDA for six and 13 years, respectively, expressed their sincerest gratitude to Pag-IBIG Fund.

President, CEO, and Director of 8990 Holdings, Atty. Anthony Vincent Sotto said, “We, at 8990, are deeply honored and grateful to be chosen as one of Pag-IBIG Fund’s top developers. The award we received from the organization reflects the hard work put in by our employees and shows the trust and confidence of our buyers who have chosen 8990 over the years.

We look forward to providing the greatest value for affordable housing to Philippine society.”

Meanwhile, Axeia Group of Companies Executive Director Lynn O. Sy mentioned, “We would like to express our deepest appreciation to DHSUD and SHDA for their continuous generous efforts to support all the developer associates in the industry, especially during these last two years of pandemic period. The honor of being Pag-IBIG Fund’s top awardee for 2021 equally belongs to DHSUD and SHDA.”